Swiss stocks - Factors to watch on July 9
09/07/2020 05:54
ZURICH/BERLIN, July 9 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
CORONAVIRUS
For the latest on the worldwide spread of the coronavirus,
see this factbox: urn:newsml:reuters.com:*:nL8N2C60GZ
ROCHE ROG.S
The European Commission has struck deals with drugmakers
Roche and Merck KGaA MRCG.DE to secure supplies of
experimental treatments for COVID-19, a Commission source told
Reuters on Wednesday. The deals cover Roche's arthritis drug
RoActemra and Merck's multiple sclerosis drug Rebif - both seen
as potential COVID-19 therapies - and will secure supplies for
any of the 27 European Union member states wanting to buy them,
the source said. urn:newsml:reuters.com:*:nL8N2EF2N8
BARRY CALLEBAUT BARN.S
Third-quarter results due.
COMPANY STATEMENTS
* Dormakaba DOKA.S appoints Sabrina Soussan as CEO
effective April 1, 2021.
* Bell Food Group AG BELL.S increases its stake in Mosa
Meat, the world's leading company for cultured beef, with the
additional goal of having the product admitted to market in
Europe by 2022.
* Mindbody Inc's MB.BN co-founder Rick Stollmeyer is
transitioning from CEO to executive chair, with Josh McCarter
assuming the CEO position.
* Private Equity Holding AG PEHN.S said that as of June
30, the net asset value per share stood at 82.16 euros (CHF
87.52), an increase of 0.5% in euros since May 31.
* Cilag Holding has announced a proposed offering of up to
about 11.8 million shares in Idorsia IDIA.S .
ANALYSTS' VIEWS
* SENSIRION HOLDING AG SENSI.S : CREDIT SUISSE RAISES
TARGET PRICE TO CHF 31 FROM CHF 26
* KLINGELNBERG AG KLIN.S : CREDIT SUISSE CUTS TARGET PRICE
TO CHF 28 FROM CHF 30
* FORBO HOLDING AG FORN.S : CREDIT SUISSE RAISES TARGET
PRICE TO CHF 1590 FROM CHF 1580
* GEORG FISCHER AG FIN.S : CREDIT SUISSE RAISES TARGET
PRICE TO CHF 920 FROM CHF 900
* DAETWYLER HOLDING AG DAE.S : CREDIT SUISSE RAISES TARGET
PRICE TO CHF 210 FROM CHF 172
* CREDIT SUISSE GROUP AG CSGN.S : JP MORGAN RAISES PRICE
TARGET TO CHF 11.8 FROM CHF 11
ECONOMY
No major economic data due.
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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